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Property profile & analytics
OFF-MARKET
Estimated value
$14,345,000
Automotive properties
23923 Creekside Rd Valencia, CA 91355-1703
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7164427
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2014
Construction
TILT-UP CONCRETE
Total area
29,304 SF
Lot
2.36 ac (102,971 SF)
Zoning code
SCCR
APN
2811-025-085
UPID
US09-7164427
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.62M
Blend (final)
Blend
$14.35M
Owner & transaction history
Akdok LLC · 5 yrs held
Akdok LLC
since 2021
Last sale
$14.4M
7 recorded transactions
Zoning & alternative use
SCCR · Valencia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$19.1M
+59.8%
Office building
$14.3M
+19.9%
Medical building
$13.3M
+11.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Valencia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valencia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$14,065,000
ML approach
$9,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$11,940,000
Current use
RESTAURANT
$19,080,000
Change: +60% · Conversion: Difficult
OFFICE BUILDING
$14,315,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$13,320,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$12,115,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$14.35M
Range $12.91M – $15.78M · ±10% · vs last sale $14.35M (Jun 22 2021)
Last sale anchor
$14.35M
Jun 22 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$490 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$198,371
Tax year 2024
Assessed value
$15,228,334
Assessed 2024
Previous assessed
$15,228,334
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$5,677,462
Assessed improvement
$9,550,872
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2014
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
29,304 SF
Lot
2.36 ac (102,971 SF)
Zoning code
SCCR
APN
2811-025-085
UPID
US09-7164427
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SCCR · Valencia, CA
Zoning SCCR · permitted uses
SCCR · Valencia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valencia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$11.9M
RESTAURANT
Est. value
$19.1M
OFFICE BUILDING
Est. value
$14.3M
MEDICAL BUILDING
Est. value
$13.3M
RETAIL STORES
Est. value
$12.1M
AUTO REPAIR, GARAGE Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Akdok LLC
Entity
Mailing address
2022 VIA CERRITOS, PALOS VERDES ESTATES, CA 90274-2012
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2021
—
Akdok LLC
—
Deed
related
$2,021,758 · Golden Bank NA
Jun 22, 2021
$14,350,000
Akdok LLC
Lithia Real Estate INC
Grant Deed
$6,978,242 · Golden Bank NA
Nov 3, 2020
$14,350,000
Lithia Real Estate INC
Keyes Howard A Trust
Grant Deed
—
Jan 28, 2020
—
Keyes,howard A Trust
—
Deed
related
$7,039,474 · Comerica Bk
May 15, 2012
$3,600,000
Keyes Howard A Trust
Kramer,toni H & Robert D
Grant Deed
—
May 15, 2012
—
Kramer Richard Tr
Kramer,jane C
Affidavit Of Death
related
—
May 18, 2011
—
Robert D Kramer
Kramer R D & T H Trust
Quit Claim Deed
related
—
Sep 15, 2006
—
Kramer Robert D & Toni H Trust
Chanock Ted JR & B Trust
Grant Deed
related
—
Dec 24, 2002
—
Kramer,tr
Kramer,tr
Quit Claim Deed
related
—
Sep 12, 1997
—
Kramer,robert D & Toni H Trustee
Kramer,r D
Quit Claim Deed
related
—
May 8, 1997
—
Kramer,jane C Trustee
Kramer,j C
Quit Claim Deed
related
—
Jan 3, 1994
—
Chanock,ted&bety Co-trustees
Kramer,r D Trust
Grant Deed
related
—
—
—
Keyes,howard A Trust
—
Loan Modification
related
$7,039,474 · Comerica Bk
—
—
Kramer Tr
—
Deed Of Trust
related
$3,350,000 · Tokai Bank California
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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